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    Question

     Security & Exchange Bureau of India established as a

    statutory body in ______?
    A 1988 Correct Answer Incorrect Answer
    B 1990 Correct Answer Incorrect Answer
    C 1991 Correct Answer Incorrect Answer
    D 1992 Correct Answer Incorrect Answer

    Solution

    The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India. The Securities and Exchange Board of India was established as a statutory body in the year 1992 and the provisions of the Securities and Exchange Board of India Act, 1992 (15 of 1992) came into force on January 30, 1992.

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